Beanie
Kadena $KDL once had a $10 billion marketcap. But it only ever at its peak had a $9 million TVL. ...
199 days agoBeaniebeaniemaxi
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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Avoid investing in heavily hyped crypto chains like Kadena ($KDL), which saw a significant price drop from its peak of over $25 to $0.087858, down 62.6% (MAX). The post suggests that high market caps without substantial Total Value Locked (TVL) indicate poor fundamentals and a high risk of losing money. Focus on ubiquitous assets with strong underlying utility rather than speculative hype.

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Beanie

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By beaniemaxi

Crypto native since the early days. Went all in on DeFi summer. Then tripled down on NFTs. VC @gmcapital_. No paid promos. Not financial advice. I talk my book.